Fashion/Clothing

Fashion Store Gap Are The Latest American Company Facing British Tax Questions

Gap's March sales fall hurt by high inventory levels

Gap Inc reported its sales results for the month of March. The retailer saw a decline in March sales, which pushed the shares down around 10%.

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Retailers Offer Deep Discounts On Annual Black Friday Shopping Day

Clothing and Accessories Emerged as The Biggest Category in E-Commerce, Outpacing Computer Hardware Sector

Clothing and accessories sector is outpacing other sectors in e-commerce sales. Some factors, including better shipping and return policies and changes in mobile uses, are encouraging more people to make more small purchases online.

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German Economy: Retail Brands

Hennes & Mauritz Q1 profit declines hurt by strong dollar

Hennes & Mauritz's quarterly sales including VAT rose by 9% in domestic currencies. The company's quarterly profit declined 30% as dollar increased over local currencies.

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Balmain : Runway - Paris Fashion Week Womenswear Fall/Winter 2015/2016

Qatar-owned Italian Fashion House Valentino Offers 500 Million Euros to Acquire France’s Balmain

Valentino has made an offer to acquire French fashion house Balmain for 500 million euros. Balmain’s heirs has decided to find a new owner after the fashion house’s former chairman and majority owner, Alain Hivelin, passed away in 2014.

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Fiorelli

Synova Capital Sold UK Handbag Maker TLG Brands to Hong Kong's Global Brands Group

Synova Capital has sold its UK fashion accessories brand TLG Brands to Hong Kong’s Global Brands Group. Under Synova’s ownership, TLG Brands has been seeing strong growth and more presence in international as well as online markets.

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Shoppers passing by Aeropostale retail store inside a mall,...

Aeropostale Explores Strategic Options After Another Poor Quarterly Result

Following another quarterly loss, the clothing company is in rush to find the best option. That includes putting the company on sale.

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Fashion Store Gap Are The Latest American Company Facing British Tax Questions

Morgan Stanley lowers Gap's stock to underweight

Morgan Stanley lowered Gap's stock to an "underweight" rating from "equal-weight", citing key weakness in the company's business. Analyst at Morgan Stanley fixed an objective price of $26 for Gap's stock, down 11% from the present level.

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NIKE HYPERADAPT 1.0 MANIFESTS THE UNIMAGINABLE

Nike Introduces Self-Lacing Shoe Technology, to be Available Later This Year

The self-lacing shoe technology finally arrives, as Nike announced its newest adaptive lacing technology. The HyperAdapt 1.0 will be available for Nike+ members later this year.

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HONG KONG-US-COMPANY-SAMSONITE-EARNINGS

Samsonite to Acquire Luggage Competitor Tumi for $1.8 Billion

It was agreed that Samsonite is to acquire luggage-manufacturer rival Tumi for about $1.8 billion. Samsonite has long been interested in Tumi and its acquisition is considered the biggest deal made by Samsonite.

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Inside The Converse Design Studio Where Chuck Taylors Are Born

Converse Revealed New Concepts and Approach in Chuck II Reflective Print Collection

Converse is adopting a new approach to update its Chuck Taylor shoes. The shoemaker revealed its newest Chuck II Reflective Print collection with an improvement in functionality and visual features to offer users a brand-new style and experience.

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Japan Recruits Fashion Magazine Editor Hiromi Sogo to Tell Women About National Debt

Japan Finance Ministry Recruits Fashion Editor to Encourage Women to be More Involved in The Country's Economy

The Japan Finance Ministry is organizing a seminar for women covering the topics on the country’s fiscal policy. Women’s fashion magazine editor-in-chief Hiromi Sogo will serve as one of the six female speakers encouraging women to take a more active role in the country’s economy.

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2015 Victoria's Secret Fashion Show - Pink Carpet Arrivals

Victoria's Secret CEO Announced Resignation, Parent Company's CEO to Assume Leadership

Victoria’s Secret CEO Sharen Turney announced her resignation on Friday, concerning investors and briefly crash the parent company’s shares after the news. However, the company had assured investors that the company will retain its success with the parent company’s founder and CEO Les Wexner assuming the role and Turney remaining as the lingerie brand’s advisor.

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FASHION-US-FENTY PUMA

Puma Says Future is Female as Rihanna Draws More Sales

Puma is making a huge come back as sales grew more than anticipated. Rihanna's line of premium designed shoes along with the Fenty collection is drawing more customers boosting the company's once meager sales.

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Costume Institute's 'Manus x Machina' Exhibition Press Presentation

Apple Sponsors 2016 Met Gala, Making Its Name In The Fashion World

Apple is sponsoring one of fashion’s biggest and most prestigious event, the Met Gala. This year’s exhibition will feature works that highlight the dynamics of human craftsmanship and technology in creating high-end fashion. Apple will also be involved in the exhibition’s music department using its Apple Music.

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Burberry Accessory Shop Opening at Bloomingdales

Burberry Sued J.C. Penney for Selling Infringed Products Using Its Trademark Pattern

Burberry filed a lawsuit over the claim that U.S. retailer J.C. Penney sold infringed products. The retailer was accused of copying Burberry’s century-old pattern trademark and kept selling the product for up to two months after Burberry raised its objections.

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